Neighborhood Transformation Center Inc

Analysis

Neighborhood Transformation Center Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neighborhood Transformation Center Inc reported income of $133k and spending of $102k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $198k to $133k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Neighborhood Transformation Center Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Joshua Chamberlain Society ($133k), Orange County Trial Lawyers Charities ($133k) and Living Wages of Washington ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $77k against liabilities of $5,089, net assets of $72k.